Diageo Sues Board Over FMB Taxes

Published: 07/04/2008

NORWALK, Conn. (PRNewswire) - Diageo-Guinness USA, a division of Diageo, and the Flavored Malt Beverage Coalition last month filed a lawsuit against California's Board of Equalization challenging regulations that will reclassify flavored malt beverages as distilled spirits, increasing the taxes on the products by more than 1,600 percent.